PFG Advisors Sells 10,748 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

PFG Advisors decreased its position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 22.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,762 shares of the company’s stock after selling 10,748 shares during the period. PFG Advisors owned approximately 0.07% of Invesco RAFI US 1500 Small-Mid ETF worth $1,687,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in PRFZ. Invesco Ltd. increased its position in Invesco RAFI US 1500 Small-Mid ETF by 29.1% during the 3rd quarter. Invesco Ltd. now owns 456,331 shares of the company’s stock worth $20,727,000 after buying an additional 102,983 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Invesco RAFI US 1500 Small-Mid ETF by 18.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 579,102 shares of the company’s stock worth $27,536,000 after buying an additional 89,411 shares during the period. JPMorgan Chase & Co. increased its position in Invesco RAFI US 1500 Small-Mid ETF by 164.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,893 shares of the company’s stock worth $5,854,000 after buying an additional 80,199 shares during the period. Modern Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth $2,157,000. Finally, Stonebridge Financial Group LLC grew its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 4.6% during the 4th quarter. Stonebridge Financial Group LLC now owns 723,888 shares of the company’s stock worth $33,219,000 after purchasing an additional 31,792 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ opened at $50.41 on Thursday. The firm has a market cap of $2.87 billion, a P/E ratio of 18.02 and a beta of 1.07. Invesco RAFI US 1500 Small-Mid ETF has a 52-week low of $35.87 and a 52-week high of $51.15. The business’s fifty day moving average is $47.53 and its 200-day moving average is $46.89.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.1017 per share. This represents a $0.41 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, March 23rd.

About Invesco RAFI US 1500 Small-Mid ETF

The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that is based on the FTSE RAFI US 1500 index. The fund tracks a fundamentally-weighted index of 1,500 small- and mid-cap companies in the US that are selected using fundamental metrics. PRFZ was launched on Sep 20, 2006 and is managed by Invesco.